Day

March 25, 2010

Listings and Pots of Water

Quickening Pace Signals Approaching Deal My clients know that my favorite metaphor for how a listing is doing is a pot of water. Usually, there is a palpable progression from room temperature, to warm, to hot . . . to a deal! Typically, that corresponds to the pace of inquiries and first showings picking up;...
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No More "No Doc" Loans? Think Again

Reverse Mortgages Gain in Popularity So, after all the fiascoes with subprime mortgages and lax underwriting standards (if you can call them that), “no doc” loans are a thing of the past, right? For the most part. However, there’s still a niche of the market where lenders are approving borrowers with virtually no paperwork: reverse...
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